Broadcom (AVGO) Draws Investor Interest Amid AI Growth Expectations

Broadcom Inc. (NASDAQ:AVGO) is one of Goldman Sachs’s top growth stock picks. On February 17, Cathie Wood’s ARK ETF disclosed that it acquired 24,205 shares of Broadcom Inc. (NASDAQ:AVGO), valued at about $7.87 million. This was after the fund divested $13.7 million worth of Teradyne Inc. (NASDAQ:TER) stock. Broadcom (AVGO) Draws Investor Interest Amid AI Growth Expectations Separately, on February 10, UBS analyst Timothy Arcuri reiterated a Buy rating and maintained a $475 price target on Broadcom. Arcu ...